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Based on 2021 figures, exports increased by +X% against 2009 indices. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, total exports indicated a measured expansion from 2007 to 2021: its volume increased at an average annual rate of +X% over the last thirteen-year period. Global power tool exports were estimated at X units in 2021, with an increase of X% against 2019 figures. The remaining producing countries recorded the following average annual rates of production growth: Mexico (-X% per year) and Russia (+X% per year).
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REQUEST FREE DATAįrom 2007 to 2021, the average annual growth rate of volume in China stood at +X%. The third position in this ranking was taken by Russia (X units), with a X% share. Moreover, power tool production in China exceeded the figures recorded by the second-largest producer, Mexico (X units), more than tenfold. The country with the largest volume of power tool production was China (X units), accounting for X% of total volume.
Global production peaked in 2021 and is expected to retain growth in years to come. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% year-to-year. The total output value increased at an average annual rate of +X% over the period from 2007 to 2021 however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. In value terms, power tool production stood at $X in 2021 estimated in export prices. Over the period under review, the global market reached the maximum level in 2021 and is likely to see steady growth in years to come. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2021 the trend pattern indicated some noticeable fluctuations being recorded in certain years. The global power tool market amounted to $X in 2021, picking up by X% against the previous year. Here is a summary of the report's key findings. NEW YORK, Ma(GLOBE NEWSWIRE) - IndexBox has just published a new report: 'World – Power Tools - Market Analysis, Forecast, Size, Trends and Insights'.
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